ASML’s (ASML) “Neutral” Rating Reaffirmed at Barclays

ASML (NASDAQ:ASML)‘s stock had its “neutral” rating restated by research analysts at Barclays in a research note issued to investors on Wednesday,MarketScreener reports.

A number of other brokerages have also recently issued reports on ASML. JPMorgan Chase & Co. raised their price objective on ASML from $1,175.00 to $1,275.00 and gave the company a “buy” rating in a research note on Monday, December 1st. Sanford C. Bernstein restated a “neutral” rating on shares of ASML in a research report on Thursday, December 11th. Evercore ISI reiterated an “outperform” rating on shares of ASML in a research report on Thursday, October 16th. HSBC reiterated a “buy” rating on shares of ASML in a research report on Friday, October 17th. Finally, Hsbc Global Res raised ASML to a “strong-buy” rating in a research note on Monday, October 6th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,171.83.

ASML Price Performance

Shares of NASDAQ:ASML opened at $1,076.05 on Wednesday. The firm has a market capitalization of $423.19 billion, a PE ratio of 43.80, a P/E/G ratio of 1.69 and a beta of 1.87. The company has a quick ratio of 0.70, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $1,042.29 and a two-hundred day moving average price of $882.49. ASML has a twelve month low of $578.51 and a twelve month high of $1,141.72.

ASML (NASDAQ:ASML) last released its quarterly earnings data on Wednesday, October 15th. The semiconductor company reported $6.41 EPS for the quarter, topping the consensus estimate of $6.27 by $0.14. The company had revenue of $8.80 billion during the quarter, compared to the consensus estimate of $8.99 billion. ASML had a net margin of 27.08% and a return on equity of 47.74%. ASML’s revenue for the quarter was up .7% on a year-over-year basis. During the same period last year, the firm earned $5.28 EPS. Equities analysts forecast that ASML will post 25.17 EPS for the current year.

Institutional Trading of ASML

A number of large investors have recently added to or reduced their stakes in ASML. FNY Investment Advisers LLC increased its position in ASML by 1,751.9% in the third quarter. FNY Investment Advisers LLC now owns 2,500 shares of the semiconductor company’s stock worth $2,420,000 after purchasing an additional 2,365 shares during the last quarter. Severin Investments LLC lifted its holdings in shares of ASML by 5.8% in the 3rd quarter. Severin Investments LLC now owns 688 shares of the semiconductor company’s stock valued at $666,000 after acquiring an additional 38 shares during the last quarter. Allworth Financial LP increased its stake in ASML by 4.3% during the third quarter. Allworth Financial LP now owns 3,281 shares of the semiconductor company’s stock worth $3,176,000 after acquiring an additional 134 shares during the last quarter. IFP Advisors Inc raised its position in ASML by 25.6% during the third quarter. IFP Advisors Inc now owns 2,096 shares of the semiconductor company’s stock valued at $2,029,000 after purchasing an additional 427 shares during the period. Finally, Tevis Investment Management boosted its holdings in shares of ASML by 0.8% in the 3rd quarter. Tevis Investment Management now owns 2,132 shares of the semiconductor company’s stock worth $2,064,000 after purchasing an additional 17 shares during the period. Institutional investors own 26.07% of the company’s stock.

ASML Company Profile

ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. It offers advanced semiconductor equipment systems, including lithography, metrology, and inspection systems. The company also provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies.